Rentals upper east side
Started by BertaNY
about 11 years ago
Posts: 65
Member since: Oct 2009
Discussion about
My lease is up 2/28/2015. I received the renewal lease form in the mail XMas eve. The increase is substantially higher than it has been in 5 years that I have been here. My apartment is not renovated completely as the other apartments in my line that have recently rented for much lower. I am unsure if I want to call them and attempt to negotiate (I was hoping before receiving the renewal lease that ?maybe? my rent would stay the same), because I know that I am on the top of the rent chain for this bldg.. Any ideas or could anyone explain the huge jump in rent increase.
the rent goes up because the landlord things that either you, or another person, will pay it. If you leave they may renovate, further justifying the increased rent. You can try negotiating either to keep the same rent, or have only a minor increase. There are lots of other costs that have increased over the last year: real estate taxes, water, gas, and labor.
Thank you, Aaron
Call the management and be nice, and remind them you have been a great tenant, and tell them the increase is getting out of your budget. be nice and not antagonistic. i have done it several times and its worked to some degree each time.
Thank you, Michael.